Wednesday, November 5, 2008

Obama Wins, Dow Drops 486 Points.

Let's see when McCain was gaining ground, or at least it looked like he was the stock market was going up. Now that Obama was won the Presidency it drops nearly 500 points. Think the two have anything to do with each other?

1 comment:

  1. No. And I don't think anyone with any sense would either.

    So, the day before the election, when it's a near certainty that Obama is going to win the next day, the market soars. He does win, it goes down.

    Neither the soaring nor the fall had anything to do with Obama, anymore than it had anything to do with McCain.

    Your analysis isn't even close to being based in economics. Nor is it even close to being based in world opinion, which is as much a part of how the Dow performs as American opinion.